BOSCH LTD Dividend 2024, Record Date, Share Price, History

News: In the world of finance, dividends play a crucial role. They are like little rewards that companies give to their shareholders. Today, let’s delve into the fascinating world of Bosch Ltd., a renowned name in the automotive and industrial sectors. We’ll explore their dividend for the year 2024, understand what a “record date” means, and take a peek at their share price history.

What Is a Dividend?

A dividend is like a friendly handshake from a company to its shareholders. When a company makes a profit, it can choose to share a portion of that profit with its investors. This sharing of profits is what we call a dividend. It’s like saying, “Hey, thanks for believing in us! Here’s a little something back.”

Bosch Ltd.’s Dividend for 2024

For the year ending March 2023, Bosch Ltd. declared an equity dividend of a whopping 4800.00%! That’s a significant chunk of their profits going back to the shareholders. Imagine receiving Rs 480 per share if you’re a Bosch shareholder. It’s like finding a treasure chest with your name on it!

Record Date: What’s That?

Now, let’s talk about the mysterious “record date.” When a company announces a dividend, they set a specific date called the record date. This date determines who gets to enjoy the dividend. If you own Bosch shares on or before the record date, congratulations! You’re eligible for that sweet dividend.

Share Price and History

Bosch Ltd.’s share price dances to its own tune. On January 24, 2024, they announced a dividend of Rs 205.0 per share with a record date of February 23, 2024. But what about their share price history? Well, that’s a rollercoaster ride! It’s like a thrilling adventure where the stock market decides whether Bosch shares should go up, down, or do a little dance.

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About BOSCH LTD :

Bosch Limited, a name synonymous with innovation and excellence, has been shaping the world with its cutting-edge technology and services. Let’s delve into the fascinating journey of this remarkable company.

Invented for Life

Bosch believes in making life better for everyone. Established in 1886 by Robert Bosch in Stuttgart, Germany, the company has grown into a global powerhouse. Today, it operates in over 150 countries and employs more than 38,700 associates in India alone.

Diverse Areas of Expertise

Bosch is a leader in various domains:

1. Mobility Solutions: From automotive components to smart mobility solutions, Bosch drives progress on the roads. Whether it’s gasoline systems, diesel systems, or automotive electronics, they’re at the forefront of innovation.

2. Industrial Technology: Bosch’s impact extends beyond cars. They provide cutting-edge solutions for industries, ensuring efficiency and sustainability.

3. Consumer Goods: Your home benefits from Bosch too! They offer home appliances that make daily life easier and more convenient.

4. Energy and Building Technology: Bosch contributes to a greener future by developing energy-efficient solutions for buildings and infrastructure.

India Connection

India holds a special place in Bosch’s heart. Here’s why:

1. Largest Development Center: Bosch’s Indian development center is the largest outside Germany. It’s a hub for end-to-end engineering and technology solutions.

2. Manufacturing Excellence: Since 1951, Bosch has been manufacturing in India. With 17 manufacturing sites and seven development centers, they’ve become an integral part of the Indian industrial landscape.

3. Impressive Figures: In fiscal year 2022-23, Bosch Limited, the flagship entity, generated revenue exceeding ₨.14,929 crores (1.67 billion euros). The consolidated sales of the entire Bosch Group in India reached about ₨.30,368 crores (3.7 billion euros).

Leadership

Guruprasad Mudlapur, the President of the Bosch Group in India and Managing Director of Bosch Limited, leads the charge. His vision drives Bosch’s commitment to excellence.

So, there you have it! Bosch Ltd., with its impressive dividends and intriguing share price history, keeps investors on their toes. Whether you’re a seasoned investor or just dipping your toes into the financial pool, understanding dividends and record dates is essential. Next time you sip your chai, remember that behind every dividend, there’s a company saying, “Cheers to you, dear shareholder!”

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